Free Daily Analysis

Stock Trend Analysis Report

Prepared for you on Wednesday, April 24, 2024.

Co-Diagnostics, Inc. (NASDAQ:CODX)

Bear Market Rally (-75) - CODX is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on CODX as it may be in the beginning of a reversal.

Is it time to buy, sell, or avoid CODX?

MarketClub looks at technical strength and momentum to determine if the timing is right for CODX.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

Open High Low CODX Price Change
1.1400 1.1500 1.1300 1.1301 -0.0199
Entry Signal

MarketClub’s Trade Triangles for CODX

long term down The long-term trend has been DOWN since Mar 15th, 2024 at 1.090

intermediate term up The intermediate-term trend has been UP since Apr 5th, 2024 at 1.230

short term down The short-term trend has been DOWN since Apr 12th, 2024 at 1.185

Smart Scan Analysis for CODX

Based on our trend formula, CODX is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

Smart Scan Analysis for CODX
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1.1400 1.1500 1.1300 1.1301 -0.0199
Prev. Close Volume Bid Ask Time
1.1500 2673 2024-04-24 12:03:22
Year High6.66Year High Date2018-06-05
Year Low1.45Year Low Date2018-02-27
52wk High1.8952wk High Date2023-07-21
52wk Low0.97552wk Low Date2023-05-26
Average Volume64,096Shares Outstanding30,581
Market Cap18MAssets95,320,660M
Liabilities9,307,045MP/E Ratio3.4681
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